CHS and Northern Partners: will form long-term agreements

St. Paul / MN. (chs) CHS Inc., North America´s leading farmer-owned cooperative and a global energy, grains and foods company, and Northern Partners Cooperative, Mendota, Illinois, announced that CHS will build a 47’000 ton capacity fertilizer warehouse with product blending capabilities that will be operated by Northern Partners Cooperative. In addition, the two companies will form a joint venture to build and operate a grain barge loading facility that will handle corn, soybeans and wheat for export through the CHS terminal at Myrtle Grove, Louisiana. Northern Partners Cooperative will use the terminals at Peru primarily to serve farmer-owners of its retail business with nitrogen, phosphorus and potassium fertilizers and to facilitate grain handling. CHS will serve its nearby cooperative wholesale fertilizer and grain customers from these facilities. Construction will begin early in 2015 and is expected to be completed in the spring of 2016. When the plant is operational, Anderson said approximately eight new employees will be hired.